2006 New York Code - Powers.

 
    §  43.  Powers.  Every  such  corporation  shall  have  the  following
  additional powers:
    1. To lay and maintain its  pipes  and  hydrants  for  delivering  and
  distributing  water  in any street, highway or public place of any city,
  town or village in which it has obtained the consent required by section
  forty-one of this article.
    2. To lay its water pipes in any streets or avenues or  public  places
  of  an  adjoining  city, town or village; provided that such right in an
  adjoining city or village  having  a  population  of  more  than  twelve
  thousand  inhabitants  shall  be  subject to the permission of the local
  authorities thereof and upon such conditions as they may prescribe.
    3. To cause examinations and surveys  to  be  made  to  determine  the
  proper location of its waterworks, and for such purpose by its officers,
  agents  or  servants  to  enter  upon  any  lands  or waters, subject to
  liability for all damages done.
    4.  To  enter  into  appropriate  agreements  with  the  secretary  of
  agriculture  of  the  United States department of agriculture to operate
  without profit for  the  term  specified  therein  for  the  purpose  of
  qualifying  to  receive  federal assistance pursuant to the consolidated
  farmers home administration act of nineteen hundred  sixty-one  and  any
  federal laws amendatory and supplementary thereto. Any such agreement to
  operate without profit shall be subject to the approval of a majority of
  the  stockholders  entitled  to  vote  thereat at any regular or special
  stockholders' meeting. Any stockholder so entitled to vote who does  not
  vote  for  or  consent  in  writing to the taking of this action, shall,
  subject to and by complying with the provisions of section  six  hundred
  twenty-three  of the business corporation law, have the right to receive
  payment of the fair value of his stock and the other rights and benefits
  provided by such section.